Articles
Insurance
The shareholders of Bermuda-based Aspen Insurance Holdings have approved the $2.6 billion Aspen acquisition offer by alternative investment manager Apollo. 11 December 2018
Insurance
The insurance sector has been hoping that the European Union’s General Data Protection Regulation (GDPR) would boost the demand for cyber insurance as the cover has largely been sold as protection against data breaches. But how the market will be affected will depend on the severity of the enforcement actions taken by the EU and UK supervisory authorities, says Alex Jomaa, cyber underwriter at Tokio Marine Kiln. 23 May 2018
Insurance
US personal lines insurer Allstate Corporation estimated catastrophe losses for the month of April 2018 of $211 million before taxes. 17 May 2018
Insurance
Israel-headquartered cyber risk modelling firm Kovrr has raised $5.5 million in its latest funding round led by venture capital firms StageOne Ventures and Mundi Ventures, with participation of Banco Sabadell and other private investors. 17 September 2019
Insurance
Ryan Specialty Group (RSG) has appointed Katie Davies to join an RSG affiliate as president and CEO of a new property catastrophe managing underwriting facility. 15 June 2018
Insurance
AXA Venture Partners (AVP), the venture capital arm of insurer AXA, has raised $150 million for a new early-stage fund that will invest technology companies mainly focused on the insurance sector. 22 January 2019
Insurance
Broker Willis Towers Watson has appointed Tammy Richardson to take on the role of UK and Ireland leader for life and property and casualty (P&C) in the company’s insurance consulting and technology business. 1 May 2019
Insurance
Bermuda-based property and casualty re/insurer Sompo International has appointed Patrick Cove as global head of aviation reinsurance. He will be based in the company’s Zurich office. 10 April 2018
Insurance
46% of reinsurance market and 37% of industry’s global assets covered by coal exit policies. 2 December 2019
Insurance
Insurance leaders in Africa remain cautious about business growth despite market stabilisation following the economic downturn of 2015/16, a survey of insurance CEOs has found. 11 June 2019
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